The SEC’s Chief Accountant Paul Munter, released a statement “Accounting Standard Setting in a Rapidly Evolving Business Environment: A Focus on the Timely Delivery of Investor Priorities,” discussing ...
Members of Congress have recently introduced bipartisan legislation to delay the implementation of a new accounting standard that will require many banks to more carefully calculate, and report in ...
The Financial Accounting Standards Board today asked stakeholders for feedback on its future standard-setting agenda. FASB published an Invitation to Comment and is requesting feedback on improvements ...
FASB is seeking feedback from stakeholders to help shape its future standard-setting agenda. The Invitation to Comment (ITC), open through June 30, is part of an agenda consultation project in which ...
The Financial Accounting Standards Board (FASB), which sets accounting standards for private and public U.S. companies, has not developed any accounting standards for digital assets. This has proved ...
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Two Boards Oversee Public Companies’ Accounting. Why Is One’s Independence More at Risk?
Company executives know they have to follow U.S. accounting rules set by one board while their auditors must obey regulations from another. They may not appreciate the different political pressures ...
FASB will seek input on what its future standard-setting priorities should be in an agenda consultation that’s starting this month, board Chair Richard Jones said Tuesday at the AICPA Conference on ...
Forbes contributors publish independent expert analyses and insights. Robert Eccles writes about sustainability in the capital markets. On December 11, 2018, a debate will be held at the Oxford Union ...
Arthur Levitt has been a consistent supporter of good accounting standards and he raises many valid issues in his March 9 editorial-page commentary "Standards Deviation." My own involvement in ...
Michael Kwatinetz is a managing partner with Azure Capital Partners, an early stage venture capital firm. Kwatinetz has a Ph.D. in mathematical modeling and an MBA in accounting; he is also a ...
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CPA Australia highlights concerns in financial reporting reforms
The Treasury Laws Amendment Bill 2025 puts forward a plan to merge the AASB, AUASB, and FRC into a new body named External ...
In March, Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act to help stabilize the U.S. economy in the wake of COVID-19. Included in the Act, and little noticed by the ...
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